On Sunday, pipeline operator Kinder Morgan announced a massive deal that would combine the company's four publicly traded entities into one company.

Following the announcement, shares of the parent Kinder Morgan (KMI) were up 17%, Kinder Morgan Energy Partners (KMP) was up 24%, and Kinder Morgan Management (KMR) was up 29%, and El Paso Pipeline Partners (EPB) was up 27%.

"All shareholders and unitholders of the Kinder Morgan family of companies will benefit as a result of this combination," Chairman and CEO Richard D. Kinder said in a press release. “Everyone will hold a single, publicly traded security — KMI — which will have a projected dividend of $2.00 in 2015, a 16 percent increase over the anticipated 2014 dividend of $1.72."

"This combined entity will be the largest energy infrastructure company in North America and the third-largest energy company overall with an estimated enterprise value of approximately $140 billion. Additionally, we will have a leading position in each of our business segments and operate in the rapidly growing North American energy infrastructure sector," Kinder said.